SBA Disaster Assistance for Sonora’s small businesses

The U.S. Small Business Administration is offering low-interest federal disaster loans to California’s small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loans offer up to 2 million dollars for working capital. Loan repayment can be up to 30 years with interest rates of 3.75% for small businesses and 2.75% for non-profits. Businesses can get more information and apply on-line at www.disasterloan.sba.gov or call 1-800-659-2955.Click Here for SBA Resources for California Businesses (Large pdf)